Listing Information and Profile

06/08/2020

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-26012017-00001

LAGENDA PROPERTIES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Adjustments to the number and exercise price of outstanding five-year warrants 2017/2022 ("Warrants B") as specified in the deed poll dated 20 January 2017 ("Deed Poll"), as a consequence of the consolidation of every twenty-five (25) ordinary shares in Lagenda Properties Berhad (formerly known as D.B.E. Gurney Resources Berhad) ("LPB") ("LPB Shares") into one (1) ordinary share in LPB ("Consolidated Shares") at 5.00 p.m. on 6 August 2020 ("Book Closure Date") ("Share Consolidation")

1st Further Issue Information

Listing Date 07 Aug 2020
Issue Date 06 Aug 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 23,225,777

Initial Listing Information

Listing Date 27 Jan 2017
Issue Date 23 Jan 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 580,644,468
Maturity Mandatory
Maturity Date 22 Jan 2022
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0500
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.2500
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Pursuant to the Share Consolidation, the exercise price of the outstanding Warrants B will be revised from RM0.05 to RM1.25 each while 23,225,777 Consolidated Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 7 August 2020 (collectively referred to as the "Adjustments"). 

Further, in accordance with the provisions of the Deed Poll, the Adjustments will take effect from 7 August 2020 being the next market day following the Book Closure Date. 

The notice to the holders of the Warrants B (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 6 August 2020.


Announcement Info

Company Name LAGENDA PROPERTIES BERHAD
Stock Name LAGENDA-WB
Date Announced 06 Aug 2020
Category Listing Information and Profile
Reference Number LIP-03082020-00003


Related Announcements for LAGENDA-WB
No related announcements.